ETH/BTC – 1H – SELL

The combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.039270000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.039270000 – 0.038820000 – 0.039010000 – 0.038000000 – 0.038410000 – 0.038220000 — 51.077766960206 – 48.826515769356

Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –